Patrick Chovanec, Discover and Read the Best of Twitter Threads by @prchovanec

Patrick Chovanec

prchovanec

Here’s how it works with a vaccine that’s 90% effective, like polio: when nearly everyone gets the shot, it’s extremely hard for the virus to spread, so the effectiveness jumps

1. I often see people argue that if we raise the cost of labor (by dictat) businesses will be forced to use labor more efficiently, thus boosting their productivity, which

If you're arguing that China's digital currency can be "weaponized" against the dollar, all I ask is that you explain specifically what you mean. What are the mechanics and dynamics

The US reported +276 new coronavirus deaths today, which I believe is the lowest number since March 2020, bringing the total to 575,829. The 7-day moving average declined to 755

Most interesting: where India is.https://twitter.com/NinjaEconomics/status/1330361243379642369 I mean, we all know India came up and slapped into Asia from the south, which is how the Himalayas formed. But the origin of

US real (inflation-adjusted) GDP in Q3 grew +33.1% on an annualized basis, compared to Q2 (following a -31.4% drop in Q2). On a straight q/q basis, real GDP fell -9.0%

1. Since I can't travel in real life, I've continued my virtual journey in Microsoft Flight Simulator, making my way in a Cessna 172 around the Mediterranean. This weekend I've

France had a record number of new cases today for the second day in a row. The UK's average number of new cases/day now exceeds 13,000. Italy had its highest

France had a record number of new cases yesterday, and its next highest today. The UK had +17,540 new confirmed cases today, its highest yet. Russia's average number of new

1. What I'm about to say doesn't depend on who is President, or which party controls the Senate. 2. The President serves a 4 year term, not a 3 or

I think it's a combination. What I'd like to see more of is analysis of the broader dynamics that led to this agreement, as well as its short- and long-term

1. I bet you need a distraction today. So do I. So here's my unfolding, in progress campaign in the new PC strategy game "Crusader Kings III". I'm playing as